The loan markets saw a continued rise in middle market unitranche financings in 2013. Unitranche loans combine separate senior and subordinated debt financings into a single debt instrument. While unitranche financing is not...more

Middle-market M&A had a great fourth quarter in 2012. Dealmakers were busy closing deals ahead of the then-anticipated increase in taxes. While the first quarter of 2013 has been relatively less active as compared to the end...more

The Effect of the Financial Crisis on Middle Market Loan Terms
Part 1. Loan Buybacks -
In addition to providing an object lesson in the dangers of lax lending standards, the global financial crisis of 2008 gave...more